Mutual Advisors LLC Boosts Stock Position in Schwab Intermediate-Term U.S. Treasury ETF $SCHR

Mutual Advisors LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) by 16.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,804 shares of the company’s stock after buying an additional 3,008 shares during the quarter. Mutual Advisors LLC’s holdings in Schwab Intermediate-Term U.S. Treasury ETF were worth $542,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Heritage Wealth Management Inc. CA grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.8% during the 2nd quarter. Heritage Wealth Management Inc. CA now owns 207,045 shares of the company’s stock worth $5,182,000 after purchasing an additional 9,567 shares during the period. RFG Advisory LLC acquired a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter valued at about $330,000. Sequoia Financial Advisors LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 18.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 29,921 shares of the company’s stock valued at $749,000 after buying an additional 4,645 shares during the period. MGO One Seven LLC raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 21.3% in the 2nd quarter. MGO One Seven LLC now owns 18,631 shares of the company’s stock valued at $466,000 after buying an additional 3,273 shares during the period. Finally, Meritage Portfolio Management raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1.2% in the 2nd quarter. Meritage Portfolio Management now owns 101,913 shares of the company’s stock valued at $2,551,000 after buying an additional 1,209 shares during the period.

Schwab Intermediate-Term U.S. Treasury ETF Trading Down 0.2%

Shares of NYSEARCA:SCHR opened at $25.29 on Monday. The firm’s 50-day moving average is $25.12 and its two-hundred day moving average is $24.91. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.04 and a 1 year high of $25.33.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.